About
BUILDING ENHANCED TRUST.
Since 2014, Validity–formerly known as RadiumCore–has been empowering individuals to build trust within their digital footprint. Via our Elections Governance Protocol, we have evolved and stood the test of time as an ever growing community of individuals seeking immutable, verifiable, and accessible blockchain access.
Validity is a decentralized blockchain service provider utilizing a modified Proof-Of-Stake utility token to deliver services that enhance security, productivity, and organizational transparency. We are building a suite of decentralized services to assist in fostering the trust and security that the Internet lacks in order to allow innovation to flourish in today’s complex environment. In our modern era, it can be difficult to differentiate fake content, spam, and bots from real people. Validity provides a platform where users can use cryptographic proofs to positively identify themselves while interacting online. The growing list of blockchain secured functions available to Validity users include cryptographically managed Identities, public voting, file signatures and proof-of-ownership, NFTs, virtualized worlds, and immutable text notes.
- Justin JBlockchain ArchitectJustin JBlockchain Architect
Justin is a software developer with experience in C#, C++, and VBA. He began GPU mining in late 2013, and began developing and contributing to various tokens shortly after. He is the founder and senior SmartChain Developer of SmartChain Software Solutions, LLC. that builds 2nd layer solutions on the Validity blockchain.
- Tim MSenior DeveloperTim MSenior Developer
Timothy has over 10 years dev experience with Go, Python, Django, JavaScript, VueJS, C#, blockchain, HTML, and SQL. He currently works closely with Tampa based blockchain company Blockspaces where they've been working on integrating the Validity technology suit on several of their projects.
- Michel KDevOps EngineerMichel KDevOps Engineer
Michel is a DevOps engineer with experience in data center and cloud infrastructure with experience in JSON, Python, Node.js and C++. He is involved in the crypto space since 2017, and contributed to various cryptocurrency projects.
- Reindert KBusiness AnalystReindert KBusiness Analyst
Reindert Koekelkoren mastered in business economics at Vlekho Brussels. He has been an IT business analyst for numerous projects in the pharmaceutical and the petrochemical industry for several years and is now the business analyst for the Validity Project.
- John PDirector of IT OpsJohn PDirector of IT Ops
John in an MBA graduate in network and systems engineering and serves as Director of IT Operations for both ValidityTech and MDASR, LLP. John is responsible for overseeing the technical infrastructure, determining business requirements for IT systems, managing the design and implementation of IT infrastructure and eliminating security risks.
- Gunther PTeam LeadGunther PTeam Lead
Gunther holds degrees in both Economics and IT. He oversees the day-to-day operations and sets clear team goals, as well as creating an inspiring team environment with an open communication culture. Prior to joining the Validity project, Gunther was active in the gaming industry where he was one of the pioneers of the gaming house concept which allowed him to apply marginal gains theory to team dynamics.
- Carl SDesignerCarl SDesigner
Carl Schmidt is a graphic designer with experience in various programs of the adobe suite including Photoshop, but also works with Cinema 4D and Figma.
- Harriet PWeb/Community LeadHarriet PWeb/Community Lead
Harriet holds a degree in Business Management and qualifications in project management. She worked in engineering project management for 8 years and previously worked in marketing and development. She is responsible for copywriting, the design, build and maintenance for the new Validity website, writing blogs and developing marketing and communications strategy.
- Dejvis D.Junior DevDejvis D.Junior Dev
Dejvis is a junior developer with experience in HTML, CSS, PHP, C# and Solidity. He holds degrees in the Adobe Suite (Illustrator, Photoshop, InDesign) and Figma. He has and continues to contribute to the project by building and supporting the main engine for the Validator idle game.
- VickyIndonesian Comm LeadVickyIndonesian Comm Lead
Vicky first joined the Validity team as a Discord moderator and has since become our Indonesian Community Lead, translating content and managing on our dedicated Indonesian Twitter and Medium accounts. Vicky is also a valued contributor in our Discord game development team.
Solutions
MOVING FORWARD, ALWAYS.
The Validity blockchain is one of the most capable, multi-faceted platforms available to date. Not only have we been working to deliver for our clients for over 5 years, but we are pushing the boundaries of blockchain tech and applicability. For more information, please check out our White Paper.
Blockchain Identity and Access Management
Blockchain Identities are the core principle on which Validity is built. An identity links your demographic information to a set of public-private Validity keys, and records this information in the blockchain. Once recorded, a Blockchain identity can be used with all other Validity functions, including file signing and voting.
Validity Blockchain Identities allow your actions to be linked back to you. Perhaps you draw up some plans for a new mousetrap, and you want everyone to know that YOU had the idea first. Maybe you want to prove at a later date that you voted in favor of a particular proposal. Perhaps, you want to predict the outcome of a sporting event, and be able to prove that you did so, and then show at a later date that the prediction was correct. Validity’s Blockchain Identity is your answer.
Whenever you participate in a vote, sign a file, or do any other of a number of things using the Validity platform, a record of your actions is created and recorded in the Validity blockchain. This record is public and permanent “paper” trail, that can be viewed and validated by everyone.
Digital signatures in Blockchain
Valdity Digital Signature is the next generation of file ownership and authenticity verification. Digital Signature allows a user to mark particular files as official or valid, or to prove they had ownership or access to a file at a particular time. Developers, authors, and other content generators can use Validity Digital Signature to protect their users and customers from malicious manipulation of downloads and other transmitted files. Upon receipt of a file or download, clients can independently check the file against the known checksum and signatures recorded in the Validity blockchain.
For End Users
Traditional methods of validating a file download are cumbersome and rarely used. To perform traditional verification, a user must find a program to generate a hash and then manually compare the result with the hash provided by the publisher. Validity can perform the same verification with the added security of blockchain within seconds. There is no need to worry about selecting the correct type of checksum, or manually comparing the results; all the hard work is done automatically with minimal user effort. Users can know in seconds the origin of a file, who produced it, when, and if any tampering had occurred.
For Content Providers
Today’s cyber-threat landscape poses a difficult challenge for all organizations that need to prioritize safely and efficiently distribute their software. Security compromises can seriously damage an organization’s reputation, and can result in a lack of trust and loss of users. With the ability to verify hashes in the Validity Blockchain Digital Signature, users can ensure that they only open files signed by a reputable identity, and reject files that may be malicious or compromised.
Blockchain Voting
From the time voting was first Introduced in Greece by Cleisthenes in 508 BC, through today, voting has served as the cornerstone of the democratic decision making process. Unfortunately, many voting systems have been difficult to secure and scale, leading to modern recounts, contested results, and accusations of fraud. Now, 2526 years after the first known vote, Validity is happy to announce Validity elections, a blockchain based voting platform designed to restore confidence, transparency, and integrity to the voting process.
Using a combination of Blockchain technology and asymmetric key pair identity management, Validity voting provides a transparent, integrated, and easily validated voting platform for multi-person decision making. By leveraging Blockchain technology, Validity Voting bypasses common shortcomings of traditional voting systems including recounts, challenges, double voting, and fraud. All election data and votes are recorded on-chain, allowing for near-time observation, counting, and verification by any third party running the SmartChain application.
Validity elections are designed for applications ranging from project management and club votes, to political elections and shareholder voting. We at Validity believe that simple, reliable and secure voting systems are a cornerstone of free governance. The Validity Elections platform will be available to anyone who has registered an identity on the Validity SmartChain. While the development team will be using this platform for Validity blockchain and SmartChain governance, everyone can hold an election, on any topic or for any purpose, at anytime.
Blockchain Text Notes
Placing text into a blockchain is not a novel idea. Having a platform that makes it simple and easy is! Via the Validity Zero Client, users can insert small text notes directly into the Validity blockchain. The process is accessible, simple, and cost efficient, requiring a minor amount of Validity coin (VAL) to fuel the network transaction. Notes can be used to make predictions, endearments, or any other type of public statement that need both security and immutability. Users are also granted the assurance of longevity and disaster prevention. As blockchain technology is inherently decentralized and peer to peer, any and all data stored on the Validity blockchain cannot be destroyed unless the entire Validity global network experiences a cataclysmic event.
Hypothetical Use Case: Let’s say you have written a new, totally original play and want to ensure that you have a record of exactly when it was created, by whom, where it was written, etc. Technically, you could email it to yourself or have a notary sign something or even take some photos. But, all of those methods allow for potential modification and tampering, even if it would be rather difficult to accomplish. Blockchain technology eliminates this possibility entirely. So recording your play to the Validity Blockchain via the Smart Chain Zero Client–coupled with your very own decentralized identity–would provide the highest levels of immutable validation proving ownership without any room for someone to question authenticity. It really is the defacto way to store data when immutability is paramount.
Staking your Validity Coins
Staking coins is the process by which Validity network grows and secures its blockchain. Instead of mining, Validity uses a custom-hybrid Blackcoin More POSv3 protocol for generating new blocks/coins. Staking requires a balance of Validity coins in the wallet, in order to stake. The larger the balance, the more stake-weight, or staking power the wallet has, and the more often your wallet will generate blocks. There is no minimum amount of coins required to stake, however very small balances may not generate a reward for months or even years. Staking requires that the wallet be kept open, and unlocked for staking. Wallets that are closed or not connected to the network are unable to stake and generate new coins.
NFTs & The Metaverse
Validity was among one of the very first platforms to offer Non-Fungible Assets under the guise of “Custom Assets and Groups.” We’ve since revamped our platform to support the current NFT landscape and are actively developing protocols for future metaverse integration. The scope of this venture is profound and our team is working diligently to bring it to fruition.
Staking
VALIDATE. EARN. REPEAT.
The term staking represents the process of validating transactions on the Validity network in order to ensure that it is secure. In return for work, stakers are rewarded with newly generated Validity coins.
Network Specifications
Maximum Supply: 9 Million VAL
Block Time: 60 Seconds
POS Reward: 0.485 VAL/block
Block Maturity: 120 Blocks
Min Stake Age: 6 Hours
Daily Generation: ~720 VAL
RPC Port: 27913
POWER EFFICIENT. ECO-FRIENDLY.
Validity Platform is not only immensely powerful but is also incredibly efficient. In fact, the entire software infrastructure is so well built that it can operate in full on a Raspberry Pi. That’s right, you can deploy a fully functionality Validity Staking Node with Zero Client API’s right from the comfort of your Pi. And thanks to the support of our community, we’ve made it even easier to begin deploying VAL nodes by providing a prebuilt Docker instance.
To get started now with a Validity Docker deployment, please click here.
What is Staking?
Staking coins is the process by which Radium network grows and secures its blockchain. Instead of mining, Radium uses the Blackcoin Proof-Of-Stake v3 protocol for generating new blocks/coins. Staking requires a balance of Radium coins in the wallet, in order to stake. The larger the balance, the more stake-weight, or staking power the wallet has, and the more often your wallet will generate blocks. There is no minimum amount of coins required to stake, however very small balances may not generate a reward for months or even years. Staking requires that the wallet be kept open, and unlocked for staking. Wallets that are closed or not connected to the network are unable to stake and generate new coins.
Basic Staking Process
When your wallet is staking, it scans your unspent inputs (incoming coin transactions) and attempts to find an input that can be used to generate a new block. When a potential new block is found, the input is split into two new inputs in a special staking transaction. If the staking transaction and potential new block meets the network target, the wallet will submit the block to the network and hope that it is accepted.
Spread Fees Protocol
The network is maintained by many different individuals, each of these people deserves a little extra reward whenever someone records new data into the SmartChain. Historically, transaction fees were included as a reward in the block in which the transactions resided. We decided that this could be unfair, as wallets with more coins would be more likely to receive these blocks with higher rewards. With the spread fee protocol, fees are awarded back to the stakers slowly, over the subsequent 1440 blocks rather than all at once, ensuring that no one powerful staker can capture all the rewards. Most blocks that are staked will have a reward slightly higher than the stated block reward, which is a result of this protocal. The more the network is used, and as more transactions are sent, the extra rewards from spread fees will increase proportionally.
Spendable Balance & Stake Balance
In the reference client (qt), there are both a spendable balance and a stake balance. When your wallet successfully generates a block, the coins used in the staking transaction become locked for a period of 60 blocks. During the time the coins are locked, they move from the spendable balance into the stake balance. After the period of 60 blocks, the coins will return to the spendable balance, and be available for spending or staking another block. Coins in the stake balance have ALLREADY been used in a staking transaction. Coins in the spendable balance are available to be used in a new staking transaction.
Stake Weight
Stake weight is a measurement of “staking power” each wallet that is staking has a stake weight equal to that of its available balance. The network stake-weight is the total number of all coins that are being staked on the entire network. As a rough estimate, any particular wallet should generate coins at a daily rate determined by the following formula. (Wallet Stake Weight / Network Stake Weight) * 1440 * 0.5. Example: IF a wallet is staking 1,000 radium, and the total number of radium staking on the entire network is 10,000, the formula would be (1,000 / 10,000) * 1440 * 0.5 = 72. Roughly, this demonstrates that per day, a wallet will generate a percentage of the total daily blocks roughly equal to the amount their percentage of the total network stake weight.
Input Optimization
A common question is should all your coins be in the same address for different addresses for staking coins. The theoretical answer is no, it does not make any difference if your coins are all in one address or not. What MAY have some effect on your staking process, is how your coins are divided up into inputs. Each address can be the owner of multiple inputs. A discussion on inputs and transaction structure is beyond the scope of this page, but Google is your friend! Each time a new block is found on the network, the wallet tries generates a new candidate block for each input. The more inputs your wallet has, the longer it takes to complete this step, and the more cpu power is required. This does not become a noticeable issue until the wallet has hundreds and hundreds of inputs. The obvious fix for this, would be to consolidate all the coins into as few inputs as possible, however this has its own issues. Each time a wallet successfully stakes a block, it an input gets spent, and it becomes two new inputs. This means, that if all the coins are in one input, the wallet will have to wait for the new inputs to mature before it can even try and stake again. The best way to stake lies somewhere in between. Keeping your input count below 200 will negate the first issue, and above 20 should negate the second issue. So long as your wallet isnt locking up every minute or so when a new network block appears, and has a few different inputs, it should be good to go. The longer you stake, the more inputs you get, so a reasonable strategy would be to send all your coins to yourself, whenever you notice your wallet seems go get bogged down from time to time. You can use different addresses if you like, but there is no real benefit.
Generated but Not Accepted Blocks
Sometimes the wallet will generate a block that is not accepted by the network. While this is disappointing, it is a normal part of staking coins. Often several wallets will find a block that meets the network requirements, and several blocks are submitted to the network for approval. When several blocks are submitted, the one that has the best or most difficult hash is selected, and becomes the next block in the chain. The blocks that were not selected become orphans, and appear in the client as generated but not accepted, and have a question mark beside them.
StakeSafe - A Validity Preferred Staking Partner
Validity is proud to have partnered with Australia based StakeSafe in order to provide secure, power efficient staking infrastructure to all Validity users and business entities. Our partnership will allow for “direct technical assistance to all crypto enthusiasts, new or experienced. StakeSafe will be working with Validity to help ease new investors into operating safe and secure staking wallets. Validity’s staking wallet is the fundamental foundation for the Validity transactional network. StakeSafe aims to increase the networks decentralization via the spread of nodes around the world.”
More About StafeSafe
Electricity prices are a major influencer when talking about mining or staking crypto-currencies. As an Australian company, StakeSafe knows first hand the strain on financial resources that high energy costs can cause. So to bring a solution to everyone’s front door, StakeSafe: Crypto was created.
StakeSafe’s goal is to bring simple and efficient avenues to the masses where someone with little computer/IT background can set up crypto-currency wallets and stake their personal coins. The Raspberry Pi’s inherently efficient design allows staking wallets to be run 24/7 while only using a fraction of the power when compared to laptops and desktop computers.
‘Trust’ is the biggest issue within the crypto-verse currently due to exchange hacks and ICO scams. That’s why the team at StakeSafe have obtained an ABN (Australian Business Number), to offer transparency to the market and show that they are a business that is open to the public. (ABN: 37132214115)
For more information regarding staking Validity on a StakeSafe Secured Raspberri Pi, please visit StakeSafe’s Website.
To purchase a Validity StakeSafe device, please visit StakeSafe’s Shop.
MyCointainer - A Validity Preferred Staking Partner
With Validity being a Proof-of-Stake coin at its core, we understand the need for end-users to have a staking platform in place when seeking to aid in protecting the Validity blockchain. Of course, for many, this is easier said than done–until now. The team at Validity is proud to have partnered with Estonia based MyCointainer in order to provide secure, efficient, ZERO FEE staking services to all Validity users and business entities. What does this mean exactly? No longer will you need to leave your own node online 24/7. No more electric bills. No more maintenance. Simply sign up for an account with MyCointainer, deposit your Validity , and begin staking for free, no strings attached.
More About MyCointainer
MyCointainer is a hands-off staking solution designed to enable easy access to the crypto world and the plethora of benefits associated with such assets. Designed for newcomers and veterans alike, MyCointainer’s services facilitate the staking process, allowing all users to earn additional revenue from their investments while simultaneously helping to further the adoption of crypto as a whole.
MyCointainer believes that by providing great value to their customers in addition to intuitive product design and educational materials, that they can help both people and business in achieving the ideal win-win scenario.
MyCointainer are committed to supporting their infrastructure via a user first approach. With that in mind, they are also very open to collaboration in an effort to further enhance the end-user experience.
For more information regarding MyCointainer’s staking services, please visit www.mycointainer.com.
Should you happen to have any questions, please feel free to join our Discord or Telegram channels.
Bittrex - A Validity Preferred Partner
Validity and Bittrex have maintained a wonderful working relationship from the very start back in 2015, less than one year after Bittrex officially opened its doors. Since then, they have proven themselves as an invaluable partner and an even better platform for our end users. Top-tier security coupled with excellent customer service and exchange offerings have allowed Bittrex to establish itself as one of the world’s premier crypto-exchanges. And we at Validity are incredibly proud to be a part of their initiatives and fully support them and their future endeavors going forward.
More About Bittrex
Founded in 2014 by three cybersecurity engineers, Bittrex is the premier U.S.-based blockchain platform, providing lightning-fast trade execution, dependable digital wallets and industry-leading security practices. Our mission is to help advance the blockchain industry by fostering innovation, incubating new and emerging technology, and driving transformative change.
For more information regarding Bittrex’s exchange services, please visit www.bittrex.com.
Should you happen to have any questions, please feel free to join our Discord or Telegram channels.
Staking Rewards – A Validity Preferred Staking Partner
More About Staking Rewards
Staking Rewards provides trusted access to all passive income opportunities with regard to digital assets. They are curating knowledge and data to build a healthy staking and defi ecosystem. Staking Rewards’ core focus are Proof-of-Stake Protocols which enable passive returns through staking. They also cover Masternode Coins, Dividend Tokens and Lending Protocols.
As many opportunities require active involvement or have high requirements, Staking Rewards lowers the access barrier by presenting, comparing and bench-marking all the (Staking) Providers, who are dedicated to providing infrastructure, security, expertise and sometimes even custody or insurance for the staking assets. Their Interactive Calculator makes it easy to estimate your individual rewards and reward frequency. The “Staking Score” is a metric that they have developed to benchmark the attractiveness of a passive income opportunity.
For more information regarding Staking Rewards and their services, please visit Staking Rewards website.
To track Validity’s Staking Performance, please visit Staking Reward’s Validity Page.
Downloads
VALIDITY GOODNESS HERE.
If you are new to Validity, be sure to read our Basic Setup Guide or the Technical Overview and White Paper if you want to dig deeper. If you are downloading the Validity binaries, please follow these Binary Verification steps to verify the checksums. And with Validity being 100% open-source, if you would like to contribute in any way, please do not hesitate to reach out!
Zero Client
ZERO DOWNLOADS. ZERO SYNCING. ZERO HASSLE.
Welcome to blockchain accessibility! Here you can test drive the Validity SmartChain Zero Client. Please bear in mind that we’re still in beta, so if you do encounter any bugs, please let us know via our Bug Report form. We hope you enjoy your ZC experience and look forward to your feedback!
Contact
LET’S TALK.
Need to ask a question? Found a bug that you’d like to report? Just have a general inquiry? Feel free to fill out the form below and we’ll get back to you in a timely manner.
